---
title: Your Top 5 News Stories - September 3, 2021
description: Federal Legalization of Cannabis Could Drive Up Prices in California, Weighing the risks and rewards of cannabis banking, and more!
---

[New Frontier Data - Cannabis Insight Daily](https://blog.newfrontierdata.com)

# [Your Top 5 News Stories - September 3, 2021](https://blog.newfrontierdata.com/in-sight-daily-9-3-21)

 Written by [New Frontier Data](https://blog.newfrontierdata.com/author/new-frontier-data) | Sep 3, 2021 8:02:37 PM

<http://newfrontierdata.com>

<https://newfrontierdata.com/equio-features/>

| <https://www.nasdaq.com/articles/as-the-u.s.-inches-forward-slowly-latin-america-lights-the-way-for-global-cannabis>   | **[As the U.S. Inches Forward Slowly, Latin America Lights the Way for Global Cannabis Legalization](https://www.nasdaq.com/articles/as-the-u.s.-inches-forward-slowly-latin-america-lights-the-way-for-global-cannabis)** New Frontier Data’s estimate for the global cannabis market’s worth around $344 billion (both legal and illicit sales) is being borne out.  |
| --- | --- |

| <https://californianewstimes.com/federal-legalization-of-cannabis-could-drive-up-prices-in-california/510309/>   | [**Federal Legalization of Cannabis Could Drive Up Prices in California**](https://californianewstimes.com/federal-legalization-of-cannabis-could-drive-up-prices-in-california/510309/) New Frontier Data’s analysis warns that the federal tax proposed by the bill would become a less competitive market than an illegal market.  |
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| <https://www.bai.org/banking-strategies/article-detail/weighing-the-risks-and-rewards-of-cannabis-banking/>   | [**Weighing the risks and rewards of cannabis banking**](https://www.bai.org/banking-strategies/article-detail/weighing-the-risks-and-rewards-of-cannabis-banking/) Recent events and guidance from Congress and regulatory agencies suggest that banking institutions may soon be able to accept MRB customers.  |
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<https://newfrontierdata.com/nxteck/>

| <https://www.aljazeera.com/economy/2021/9/3/how-will-legal-cannabis-firms-navigate-mexicos-business-risks>   | [**How will legal cannabis firms navigate Mexico’s business risks?**](https://www.aljazeera.com/economy/2021/9/3/how-will-legal-cannabis-firms-navigate-mexicos-business-risks) International players are eager to profit from Mexico’s pending market, but will a history of corruption and extortion be part of business?  |
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| <https://www.advisorhub.com/merrill-mellows-approach-to-marijuana-related-businesses/>   | [**Merrill Mellows Approach to Marijuana-Related Businesses**](https://www.advisorhub.com/merrill-mellows-approach-to-marijuana-related-businesses/) Project Thunder aims to ease frustration for the brokerage’s financial advisors in onboarding cannabis-related business or investor clients.  |
| --- | --- |

 

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